Posts Tagged ‘Debtpidemic’

Bankruptcy was so important to our Founding Fathers that they included it in the US

Constitution before defining the Bill of Rights, which includes our freedom of speech and religion, due process, trial by jury, and prohibition against cruel and unusual punishment.

Isn’t it ironic that we Americans will provide shelter and security for those from distant and foreign lands, and yet struggle with the idea of accepting the same helping hand? Don’t those very words on the Statue of Liberty apply equally to the financially downtrodden – tired, poor, huddled masses yearning to breathe free? Don’t her broken shackles of oppression and tyranny apply equally to all of us? At Doan Law Firm, we break those shackles and provide a fresh start to all who pass through our doors.

If you find your financial situation overwhelming, you’re not alone. I spoke with a new client last week, I’ll call her Cathy, who was literally in tears. She was in tears over her financial situation and later shed tears of relief at finding someone she feels comfortable with and can trust.

Cathy has run a successful business for over 10 years and as the economy changed, she began to accumulate debt. When she came to see me, her minimum monthly credit card payment was over $3,000. It was literally strangling her business. She couldn’t buy inventory and the credit card overhead was sucking up every dollar she made. Cathy told me she needs to retool her business, but the financial stress is sapping up her energy and creativity. It’s a challenge to get out of bed each day.

I tell you about Cathy so you know you are not alone. Financial stress is real and debilitating. At Doan Law Firm we understand and we can guide you to a place of financial tranquility.

The Orange County Register recently reported bankruptcy filings are at their highest rate since October 2005. Some of you might recognize 2005 as the year massive changes were instituted in the bankruptcy code and the world was beating a path to the bankruptcy court. As the economic fall-out continues, filings are now at record levels. Bankruptcy filings have increased:

Orange County 37.2%

Los Angeles County 57.5%

Riverside/San Bernardino County 32.8%

While these numbers are staggering, they do represent a large number of people taking their financial future into their own hands, gaining a fresh start and a new life without toxic debt.

Debtpidemic [det-pi-dem-ik] – noun a rapid spread or increase in the occurrence of toxic debt, affecting individuals, corporations, as well as local, state and national governments: Doan Law Firm has officially declared a debtpidemic.

Our collective debt load has reached such a level that we need a new word to describe it. We propose “debtpidemic”. The pivotal concept behind this newly coined word is that an epidemic changes the lives of everyone in a society whether they are infected or not. At this point in our history, national and personal debt is taking a heavy toll on our families, friends and loved ones.

Imagine if the bubonic plague swept our great land. It would command our instant attention. Each of us would take the utmost precautions. We’d be hand-washing, antidote-seeking, near-hysteria fools. We would implicitly understand the severity of the situation, the stakes are high, it’s life or death.

We’re in the same predicament now; it’s just a different plague. Our government has emptied its arsenal; stimulus, bailouts and special programs. At home we have pounded the pavement for work, tightened our belts and then tightened them some more, yet the debtpidemic rages on.

What is the antidote? The first step is to stop the debtpidemic at home. Take a good, hard, objective look at your personal financial situation. Do you wonder how to keep the hamster wheel spinning? Do you engage in creative accounting to get everyone, or almost everyone, paid? Most importantly, does your financial situation keep you up at night?

Come talk to us at Doan Law Firm. We get it and we can help. We even published a full page of quality content in the Orange County Register to explain this concept. Our team of bankruptcy attorneys have cured over 25,000 people of their own debtpidemic, one family at a time. We can provide you with the antidote.

PS While we’re at it, here’s another word to add to your vocabulary: Debtpandemic det-pan-dem-ik – noun: a rapid spread or increase in the occurrence of toxic debt across nations, affecting individuals, corporations, as well as local, state, national, and international governments. The debtpidemic is now reported to be a full blown debtpandemic.

Debtpidemic [det-pi-dem-ik] – noun a rapid spread or increase in the occurrence of toxic debt, affecting individuals, corporations, as well as local, state and national governments: Doan Law Firm has officially declared a debtpidemic.

Our collective debt load has reached such a level that we need a new word to describe it. We propose “debtpidemic”. The pivotal concept behind this newly coined word is that an epidemic changes the lives of everyone in a society whether they are infected or not. At this point in our history, national and personal debt is taking a heavy toll on our families, friends and loved ones.

Imagine if the bubonic plague swept our great land. It would command our instant attention. Each of us would take the utmost precautions. We’d be hand-washing, antidote-seeking, near-hysteria fools. We would implicitly understand the severity of the situation, the stakes are high, it’s life or death.

We’re in the same predicament now, it’s just a different plague. Our government has emptied its arsenal; stimulus, bailouts and special programs. At home we have pounded the pavement for work, tightened our belts and then tightened them some more, yet the debtpidemic rages on.

What is the antidote? The first step is to stop the debtpidemic at home. Take a good, hard, objective look at your personal financial situation. Do you wonder how to keep the hamster wheel spinning? Do you engage in creative accounting to get everyone, or almost everyone, paid? Most importantly, does your financial situation keep you up at night?

Come talk to us at Doan Law Firm. We get it and we can help. We even published a full page of quality content in the Orange County Register to explain this concept. Our team of bankruptcy attorneys have cured over 25,000 people of their own debtpidemic, one family at a time. We can provide you with the antidote.

PS While we’re at it, here’s another word to add to your vocabulary: Debtpandemic det-pan-dem-ik – noun: a rapid spread or increase in the occurrence of toxic debt across nations, affecting individuals, corporations, as well as local, state, national, and international governments. The debtpidemic is now reported to be a full blown debtpandemic.

The information on this bankruptcy attorney/law firm website is for general information purposes only. Nothing on this or associated pages, documents, comments, answers, e-mails or other communications should be taken as legal advice for any individual case or situation. The information on this website is not intended to create, and reciept or viewing of this information does no constitute, an attorney-client relationship.

doanlaw.net is an informational website sponsored by Brothers Law Group LLP (dba Doan Law Group), Law Offices of Gregory J. Doan Esq APC, SN Doan APC, Michael G. Doan APC, and Shawn A. Doan APC. Each of the foregoing entities individually owns and operates its respective law practice. Each entity has been designated by the Federal Government as a qualified debt relief agency that helps folks file bankruptcy under the bankruptcy code.
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